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April 5, 2006

Ohio to Reduce College Aid to Pencils, Logo Cup

(Columbus, OH) Capping thirty years of declining state support, legislators in Ohio have agreed on a bill to bring "bare minimum" levels of funding for higher education.

Beginning in August 2006 all undergraduate students at state colleges will receive one dozen No. 2 pencils and a plastic logo cup in lieu of actual funding to universities.

"The logo cup will be available with designs for every state university," said House Speaker Jon Husted (R-Kettering). "Everyone but Cleveland State, that is. We just couldn't get enough legislators to give them their own cup, so they'll have to share with Akron."

Husted said that the state, which is facing serious budget woes, could no longer afford to provide actual cash to state institutions.

"Face it - I'm going to be long dead by the time this generation of undereducated Ohioans is running the show," he laughed. "What do they call it, SOFP? Some Other Fucker's Problem - heh!"

Students next fall will also be able to choose between styles of the free pencils, said Husted.

"We will have different colors available, and we'll make a few thousand mechanical pencils available for those geeky types whose asses I used to kick in high school," he said. "I don't know why those anal-retentive freaks gotta have them, but we'll go the extra mile. You never know when one of those techno-twats might come in handy." Mary Winkler

Comments:
Hello,

I recently published an article on the dangers and benefits of student loans and other forms of college financial aid – here is a quote from it, in case you are interested:
Student loans repayment can be a real nightmare without adopting some strategies that would help the new graduates to organize their social and financial life. Here are some strategies they can use to do this:
- An additional part-time job;
- Freelancing is another option (meaning that they can do particular pieces of work for different organisations, without working all the time for a single organisation);
- They should try to keep their living expenses as low as possible (live in a smaller apartment, live with a roommate to share some of the expenses, find an apartment that is closer to the job, to eliminate the extra-expenses for transport etc.);
- To apply for forbearance (this is an immediate solution for hard times when the new graduate is in impossibility to re-pay the amount of money and the need for student loan consolidation becomes apparent; it is a temporary period, when the graduate can postpone or delay his or her re-payments until a later time on a federal or direct loan after the beginning of the re-payment, and when the student doesn’t qualify for deferral). The forbearance must be applied through the lenders of the loans.
- To consolidate the payments.
If you feel this helps, please drop by my website for additional information, such as federal student loans information or additional resources on private student loans .

Regards,

Michael
 
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